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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (11845)1/28/1998 6:46:00 PM
From: JRH  Read Replies (1) | Respond to of 77400
 
I believe that Craig has stated several times that he isn't short on Cisco for the long term, but rather he knows that the stock is volatile and he expects a run down in the stock, not for fundamentals, but rather for the market. I am definetely Cisco for the long run, but I can see how it would be tempting to short CSCO right now. It has a history or running up, running down, and then back up again. I expect that this time will be no exception. Cisco won't stay above 60 on this trip, I think. But, have no fear, those of us who are long will get our money's worth outta this company!! Those of you who think that Cisco is such a good company that it will stay up at its all time high are pretty ignorant. Even the best companies and stocks have bad days in today's markets!!

However, this is not to say that I hope the stock goes down. Hopefully it will stay up there for a while!!

JRH



To: RetiredNow who wrote (11845)1/28/1998 7:21:00 PM
From: Box-By-The-Riviera™  Respond to of 77400
 
That was exactly my question Mindmeld... and to short it just before earnings..... a wickedly insane move.... dumb money with a CAPITAL D.

Joel